
Auto Components & Equipment · BSE
Founded in 2019, CLN Energy Limited specializes in making custom lithium-ion batteries, motors, and powertrain components for electric vehicles. They also provide solutions for stationary applications like solar energy, energy storage systems (ESS), and telecommunications. The company manufactures key components for electric vehicles, including motors, controllers, battery management systems (BMS), throttle bodies, and DC-DC converters. Under the “CLN Energy” brand, they sell lithium-ion battery packs, motors, and other powertrain components. CLN Energy operates two manufacturing plants—one in Noida and another in Pune, Maharashtra. Both facilities are ISO certified with QMS 9001:2015, EMS 14001:2015, and OHSAS 45001:2018 certifications.As of March 31, 2024, the company employs 123 permanent staff members and 133 off-roll employees.
Price Band
₹235 – ₹250
Issue Size
₹72.30 Cr
Lot Size
600 shares
GMP
Est. Listing
₹250
at current GMP
Subscribed
5.51x
overall
Open
23 Jan 2025
Close
27 Jan 2025
Allotment
28 Jan 2025
Refund
29 Jan 2025
Demat Credit
30 Jan 2025
Listing
30 Jan 2025
Designated Registrar: Bigshare Services Private Limited
Allotment Date
28 Jan 2025
Basis finalization
Refunds Initiate
29 Jan 2025
Mandate release
Demat Credit
30 Jan 2025
Shares in demat
Listing Debut
30 Jan 2025
Trading begins
CLN Energy Limited is bringing an initial public offering (IPO) in the Auto Components & Equipment sector with an aggregate issue size of ₹72.3 Crores. The shares are offered at a price band of ₹235 to ₹250 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2025-01-27, the basis of allotment is scheduled to be finalized on 2025-01-28. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Bigshare Services Private Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.